A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Applied Optoelectronics Inc’s current trading price is -12.63% away from its 52-week high, while its distance from the 52-week low is 480.30%. The stock’s price range for this time frame has been between $6.70 and $44.50. The trading volume of the company’s shares in the Technology reached around 6.02 million for the day, which was evidently higher than the average daily volume of 3.35 million over the last three months.
Applied Optoelectronics Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $44.50 on 12/04/24, and the lowest price during that time was $6.70, recorded on 08/05/24.
How Financial Performance Impacts Market Capitalization
Applied Optoelectronics Inc (AAOI) has experienced a quarterly rise of 198.62% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.98B and boasts a workforce of 2149 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.04, with a change in price of +27.93. Similarly, Applied Optoelectronics Inc recorded 3,045,956 in trading volume during the last 100 days, posting a change of +254.91%.
How AAOI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AAOI stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.38.
AAOI Stock Stochastic Average
Applied Optoelectronics Inc’s raw stochastic average for the past 50 days is currently at 82.48%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 78.28%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 80.37% and 85.88%, respectively.
AAOI Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Year to date metric has recorded a gain of 101.24%.However, over the last six months, we can see a weaker performance of 268.53%. Over the last 30 days, the price of AAOI has fallen by 139.85%. And in the last five days, it has fallen by -5.68%.
